43 Ben Lomond Crescent, Pakuranga, Manukau

Don't Miss The boat!

* New 6 year lease
* Immaculate building
* Large Freehold site
* Outstanding investment
* Returning $215,000.00 + GST & Outgoings
* "A" Seismic rating

This investment property is a two bay medium stud warehouse with two levels of offices and amenities at the road front. The building is in superb condition. The building is fully sprinklered and has full security fencing. It is occupied by Rayglass who are manufacturers of quality fiberglass boats and they have occupied this building for approximately 20 years. The building suffered major fire damage around 7 years ago and has had a major rebuild to a very high standard.

The property is north facing and has a floor area of around 2,450m2 and sits on a site of 4,375m2.

If you are looking for a well presented industrial building with a long term tenant in a good location this could be yours.

Tenancy Details
Name of Tenant Rayglass Sales and Marketing Ltd
Term of Lease 6 years
Review Date: Annual
Rights of Renewal: 1 of 6 years
Net Rental: $215,000.00 effective 1st August 2015
Recommencement Date: 1st August 2009

Auction (unless sold prior)
11am, Wednesday 12th August 2015
Maritime Square, Ground Floor
4 Viaduct Harbour Avenue
Auckland, New Zealand